A bill to require a strategy for countering the People's Republic of China.
Taiwan Protection and National Resilience Act of 2022
This bill requires the Department of Defense to submit a report identifying goods and services from the United States that China relies upon and U.S. military procurement practices that are reliant on trade with China. The bill also requires the Department of the Treasury to submit a sanctions strategy that could, in response to a Chinese invasion of Taiwan (1) limit China's ability to acquire petroleum and military materiel, (2) diminish the ability of the Chinese industrial base to replenish defense articles, and (3) inhibit China's ability to evade sanctions.
Referred to the Committee on Foreign Affairs, and in addition to the Committees on Armed Services, Ways and Means, and Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Introduced in Senate
Read twice and referred to the Committee on Foreign Relations.
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